Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns. (Read More)
The launch of a nonfungible token protocol on the Bitcoin mainnet
On Jan. 21, Bitcoin introduced “Ordinals,” an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace. (Read More)
Trial between Hermes and NFT Artist Mason Rothschild set to go ahead
Hermès and digital artist Mason Rothschild’s lawsuit is a “momentous turning point for Web3 and digital products.” (Read More)
USDC issuer Circle releases accountant-verified report
Circle’s newest reserve report shows $44.5 billion USDC stablecoin assets. (Read More)
The Bitcoin mining community has experienced a 50% increase in revenue through mining
Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses. (Read More)
Binance shuts down accounts in relation to Bitzlato investigation
The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe. (Read More)
Charity Commission investigating Effective Ventures Foundation over ties to FTX
The Charity Commission for England and Wales began the probe because crypto exchange FTX is a “major sponsor” of Effective Ventures Foundation. (Read More)
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes. (Read More)
Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project
After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative. (Read More)
FTX linked charity under investigation in the UK
A U.K.-based charity regulation commission is set to investigate Effective Ventures Foundation, an England charity organization whose leading contributor was FTX.